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Bittensor (TAO) faces bearish pressure, likely to test lower support near $168 amid weak buying.

Technical Signals
29 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bittensor (TAO) has declined 2.1% in the last 24 hours and nearly 4% over the past week, breaking below a key support zone around $194. Despite a mid-June bounce from $194 to $291, the recovery lacked strength, with weekly indicators showing sustained selling pressure and bearish momentum. The daily chart shows repeated tests of the $194 support level, but buyers have yet to regain control, suggesting a likely drop toward the lower range support near $168. Overall, the market bias remains bearish until TAO can reclaim key resistance levels.

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